Ron William, CMT, MSTA
RW Advisory (RWA)
Summary
In the first part of the Monthly Webinar (free for all users), Ron William will cover the next topics: * In life and in markets TIMING is everything * The History and Importance of Cycles * Linear vs. Non-Linear cycles * W.D Gann's Law of Vibration Watch Part II of the Monthly Webinar with Ron.
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Editors’ Picks
AUD/USD climbs closer to 0.6500 as Israel-Iran ceasefire boosts risk sentiment
AUD/USD recovers further toward 0.6500 early Tuesday amid a positive turnaround in global risk sentiment, bolstered by the Israel-Iran ceasefire announcement. This, along with the revival of Fed rate cut bets, weighs heavily on the safe-haven US Dollar, lending support to the pair for the second consecutive day.
USD/JPY holds the pullback near 145.50 amid a weaker US Dollar
USD/JPY holds the sharp retracement from 148.00 for the second consecutive day on Tuesday amid a broad US Dollar weakness. Fed Governor Bowman pointed to the possibility of a rate cut in July. Meanwhile, the Iran-Israel ceasefire also undermines the USD, adding to the pair's downside ahead of Fed Chair Powell's two-day congressional testimony.
Gold bounces-off two-week lows near $3,335 amid Iran-Israel ceasefire
Gold price rebounds to near $3,350, having hit a nearly two-week low early Tuesday as the Israel-Iran ceasefire announcement boosted global risk sentiment and undermined traditional safe-haven assets. However, reviving bets for a Fed rate cut in July and a weaker US Dollar aid the Gold price upswing.
Bitcoin, crypto market begin recovery as Israel and Iran agree to a ceasefire
The cryptocurrency market made a comeback on Monday, rebounding from a weekend dip as top assets, including Bitcoin, Ethereum, and XRP, staged a recovery. The rebound follows US President Donald Trump's statement that Israel and Iran will each conduct a 12-hour ceasefire, after which the war threats will come to an end.
Could Iran block the Strait of Hormuz? Why Oil is on edge after US strikes
As the Israel-Iran conflict reaches new heights, an old threat is coming back to haunt the markets: that of the closure of the Strait of Hormuz. This narrow arm of the sea in the Persian Gulf, wedged between Iran to the north and the United Arab Emirates and Oman to the south, is much more than a simple sea passage.
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